Sao Paulo, Sept 27 (Reuters) - The Global Sugar Market Is Heading to a Surplus of 1.96 Million Metric Tons in the 2024/25 Season (October-September), Following a Surplus of 3.16 Million Tons in the Previous Season, Agribusiness Consultancy StoneX Said on Friday.
The Fresh Forecast Is Higher Than the 1.2 Million-Ton Surplus StoneX Had Previously Projected for 2024/25, Although the 2023/24 Estimate Was Lowered From the 4.6 Million Tons Seen Before.
(Reporting by Gabriel Araujo
Editing by Tomasz Janowski)
((Gabriel.araujo2@Thomsonreuters.com; +55 11 5047-3352;))